
Metaverse
Feng Ji, producer of Myth: Wukong, hails DeepSeek AI as ‘a technology game-changer for China!’ – Crypto News
A groundbreaking development by Chinese AI startup DeepSeek has sparked a global frenzy, with many in China celebrating it as a historic milestone that could reshape the future of technology. Dubbed by tech leaders like Marc Andreessen as “AI’s Sputnik moment,” the launch of DeepSeek’s cheaper, open-source artificial intelligence model has turned heads worldwide, even rattling stock markets.
In China, DeepSeek is being hailed as a national triumph. Feng Ji, co-founder of Game Science and producer of the hit gameBlack Myth: Wukong, described it as a “technology achievement that can change a nation’s fortune.” Posting on the social media platform Weibo, he shared his excitement, saying, “Such a stunning breakthrough comes from a pure Chinese company.”
Rivaling Silicon Valley
DeepSeek’s new AI model has managed to rival — and in some cases outperform — the efforts of leading US developers. This achievement has upended longstanding assumptions in Silicon Valley about the costs of building AI and the US’s dominance in the field, reported Bloomberg.
The shockwaves were not just metaphorical. As per the wire agency, a massive sell-off in US and European technology stocks, wiping nearly $1 trillion from their value, underscored investor concerns about how this development might disrupt the strategies of some of America’s tech giants.
For China, DeepSeek’s accomplishment signifies a major leap forward, particularly as the country continues to grapple with US-imposed restrictions on access to advanced chips and technology. While challenges remain — for instance, Huawei and Semiconductor Manufacturing International Corp. are still behind Taiwan Semiconductor Manufacturing Co. in chip-making capabilities — the success of DeepSeek has bolstered national pride.
A Boost to National Confidence
DeepSeek is the latest in a series of technological wins for China, following recent successes like Huawei’s Mate 60 Pro, which used an advanced domestically-made chip, and the continued rise of social media platform Xiaohongshu.
Hu Xijin, the former editor-in-chief ofGlobal Times, praised DeepSeek for shaking the belief in America’s invincibility in high-tech innovation. Writing on Weibo, Hu described the startup as the first Chinese company to cause such a seismic shift in the expectations of an entire industry. He added that DeepSeek had raised “an explosive question mark” over the US approach of pouring vast sums of money into tech development.
(With inputs from Bloomberg)
-
Technology1 week ago
Chip Designer Arm Plans to Become Chip Manufacturer – Crypto News
-
Cryptocurrency3 days ago
SUI eyes 24% rally as bullish price action gains strength – Crypto News
-
others6 days ago
Japanese Yen remains depressed amid modest USD strength; downside seems limited – Crypto News
-
Technology1 week ago
MacBook Air M3 15-inch model gets a ₹12,000 price drop on Amazon: Deal explained – Crypto News
-
Cryptocurrency2 days ago
Coinbase scores major win as SEC set to drop lawsuit – Crypto News
-
others1 week ago
Japan Foreign Investment in Japan Stocks declined to ¥-384.4B in February 7 from previous ¥-315.2B – Crypto News
-
Technology1 week ago
Perplexity takes on ChatGPT and Gemini with new Deep Research AI that completes most tasks in under 3 minutes – Crypto News
-
Technology1 week ago
Lava Pro Watch X with 1.44-inch AMOLED display, in-built GPS launched in India at ₹4,499 – Crypto News
-
Blockchain6 days ago
XRP Set To Outshine Gold? Analyst Predicts 1,000% Surge – Crypto News
-
Cryptocurrency1 week ago
Advisers on crypto: Takeaways from another survey – Crypto News
-
others1 week ago
Remains subdued below 1.4200 near falling wedge’s lower threshold – Crypto News
-
Cryptocurrency1 week ago
0xLoky Introduces AI-powered Intel for Crypto Data & On-chain Insights – Crypto News
-
Technology1 week ago
Factbox-China’s AI firms take spotlight with deals, low-cost models – Crypto News
-
Technology1 week ago
Massive price drops on Samsung Galaxy devices: Up to ₹10000 discount on Watch Ultra, Tab S10 Plus, and more – Crypto News
-
Cryptocurrency1 week ago
Tether Acquires a Minority Stake in Italian Football Giant Juventus – Crypto News
-
Blockchain1 week ago
XRP To 3 Digits? The ‘Signs’ That Could Confirm It, Basketball Analyst Says – Crypto News
-
others1 week ago
Australian Dollar jumps to highs since December on USD weakness – Crypto News
-
Technology1 week ago
Weekly Tech Recap: JioHotstar launched, Sam Altman vs Elon Musk feud intensifies, Perplexity takes on ChatGPT and more – Crypto News
-
Technology1 week ago
What will it take for India to become a global data centre hub? – Crypto News
-
Technology1 week ago
ChatGPT vs Perplexity: Sam Altman praises Aravind Srinivas’ Deep Research AI; ‘Proud of you’ – Crypto News
-
Blockchain1 week ago
NEAR Breaks Below Parallel Channel: Key Levels To Watch – Crypto News
-
Blockchain7 days ago
Will BTC Rebound Or Drop To $76,000? – Crypto News
-
Blockchain7 days ago
XRP Price Settles After Gains—Is a Fresh Upside Move Coming? – Crypto News
-
Metaverse6 days ago
How AI will divide the best from the rest – Crypto News
-
Business6 days ago
What Will be KAITO Price At Launch? – Crypto News
-
Business6 days ago
Elon Musk’s DOGE Launches Probe into US SEC, Ripple Lawsuit To End? – Crypto News
-
Blockchain6 days ago
XRP Price Pulls Back From Highs—Are Bulls Still in Control? – Crypto News
-
Business5 days ago
Whales Move From Shiba Inu to FXGuys – Here’s Why – Crypto News
-
Technology1 week ago
Best phones under ₹20,000 in February 2025: Poco X7, Motorola Edge 50 Neo and more – Crypto News
-
Blockchain1 week ago
Popular Investor Says Memecoin More Superior With ‘World’s Best Chart’ – Crypto News
-
Cryptocurrency1 week ago
Crypto narratives as we await next market move – Crypto News
-
Cryptocurrency1 week ago
Who is Satoshi Nakamoto, The Creator of Bitcoin? – Crypto News
-
Technology1 week ago
Grok 3 is coming! Elon Musk announces launch date, promises ‘smartest AI on Earth’ – Crypto News
-
Technology7 days ago
Union Minister Ashwini Vaishnaw to launch India AI Mission portal soon, 10 companies set to provide 14,000 GPUs – Crypto News
-
Business6 days ago
These 3 Altcoins Will Help You Capitalize on Stellar’s Recent DIp – Crypto News
-
others6 days ago
Forex Today: What if the RBA…? – Crypto News
-
Cryptocurrency5 days ago
Hayden Davis crypto scandal deepens as LIBRA memecoin faces fraud allegations – Crypto News
-
Technology5 days ago
Luminious inverters for your home to never see darkness again – Crypto News
-
Technology3 days ago
Stellantis Debuts System to Handle ‘Routine Driving Tasks’ – Crypto News
-
Metaverse1 week ago
Strange Love: why people are falling for their AI companions – Crypto News
-
Technology1 week ago
Former Google CEO warns of ‘Bin Laden scenario’ for AI: ‘They could misuse it and do real harm’ – Crypto News
-
Cryptocurrency1 week ago
Yap-to-earn takes over Twitter – Blockworks – Crypto News
-
Cryptocurrency1 week ago
Someone Just Won $100K in Bitcoin From a $50 Pack of Trading Cards – Crypto News
-
Technology1 week ago
Cyber fraud alert: Doctor duped of ₹15.50 lakh via fake trading app; here’s what happened – Crypto News
-
Business1 week ago
How Will It Affect Pi Coin Price? – Crypto News
-
Cryptocurrency1 week ago
GameStop Stock Price Pumps After Report of Bitcoin Buying Plans – Crypto News
-
Blockchain1 week ago
XRP Bullish Pennant Targets $15-$17 But Confirmation Is Required – Crypto News
-
Technology7 days ago
South Korea removes DeepSeek from app stores, existing users advised to ‘service with caution’ – Crypto News
-
Business6 days ago
Why Ethereum (ETH) Price Revival Could Start Soon After Solana Mess? – Crypto News
-
Business6 days ago
Market Veteran Predicts XRP Price If Ripple Completes Cup and Handle Pattern – Crypto News